Email Account (Update your e-community e-mail address!!!) and Access to the Web
Join the acg5405.wikispaces.com for editing privelages.
Course Prerequisites: ACG 4401
It is fully expected that you can:
apply concepts of relational database management systems to business/accounting issues.
identify internal controls that should be/are embedded in information systems.
efficiently use spreadsheet technologies including drawing tools.
understand the concept of an event-driven accounting system.
You should be intimately familiar with the material in chapters 5 & 6 of the course textbook.
Fall 2007 Academic Calendar
Registration and Add/Drop
March 24,2008- August 24, 2009
Classes Begin
August 25
Late Registration and Add/Drop
August 25 - 29
Withdrawal Deadline
October 17
Classes End
December 6
Final Examination Period
December 8 -13
Holidays
Labor Day
Monday, Sept. 1
Veterans Day
Tuesday, Nov. 11
Turkey Day
November 27-29
Course Objectives
Accounting information systems generally lie at the foundation of an organization’s entity-wide information systems.
In this course, the intent is to provide you with the basic background and tools that will allow you to facilitate and/or assess the evolution of contemporary accounting information systems. This requires a solid understanding of (1) the process by which effective systems are designed and developed, (2) the key components of an effective entity-wide internal control system, (3) the process by which efficient database design can be used to improve accounting information flow, and (4) the contemporary issues involved in providing assurance services for systems and database reliability.
Specific Objectives:
Understand how to model an enterprise system to facilitate specific business processes.
Understand the key components of an effective enterprise-wide internal control system.
Understand the concept of business risks and the management of business risk.
Understand extended-enterprise systems risk as a component of business risk.
Understand the impact of advanced information technologies on business risk.
Gain an appreciation of the need to manage extended-enterprise systems risk.
Understand how to design an effective order-to-cash process that is well-controlled.
Understand how to design an effective purchase-to-pay process that is well-controlled.
Understand how data flows through from the various business processes of an organizational to facilitate effective business reporting.
Understand how to design, select and build effective enterprise systems that facilitate the flow of information across key business processes.
One of the technologies that will be impacting the accounting profession in the near-term is the move towards XBRL reporting of financial information. This necessitates an understanding of how these documents are prepared and will lead to future assurance engagements. XBRL is based on XML and thus an understanding of XML is a skill needed for accountants. To that end we will be looking at XBRL and XML from an accountants perspective, we will not be learning how to be XML/XBRL programmers but instead how to read create, read, and understand the structures of these documents and how they can be used.
Specific Objectives:
Understand what XML is and how it can be used for the creation of financial documents.
Understand the XML document foundation.
Understand the XML Language foundation.
Understand how to transform XML documents using XSLT.
Understand XBRL GL 2005.
Gain exposure to the current state of XBRL.
Grade Components:
Exam 1
200
Final Exam/ XBRL
200
Group Project
125
XML Assignments (4 @ 25 pts)
100
Participation
50
Total Points
675
Grading System
After several years of study, discussion, and implementation design, UCF has modified the existing grading practices. Starting with the Fall 2001 Semester, plus and minus grades can now be given to students. Note: the grades for this class will use the new plus/minus system.
The following is the system that was recommended by the Faculty Senate, and will be used in this course:
A
4.00
100-93
C
2.00
75-73
A-
3.75
92-90
C-
1.75
72-70
B+
3.25
89-86
D+
1.25
69-66
B
3.00
85-83
D
1.00
65-63
B-
2.75
82-80
D-
0.75
62-60
C+
2.25
79-76
F
0.00
< 59
Participation
The success of the class will be dependent on your ability to identify and discuss relevant issues. You will receive a grade each session based on your preparedness to discuss the material and your ability to communicate that material in a meaningful way that facilitates the learning of both you and your classmates. Your participation grade will be based on your performance in class with sessions where case activities are prepared and discussed receiving greater weight than more lecture oriented course sessions. Additionally, presentations (if we have them) will also make up a component of your participation grade. Additionally, wikispace contributions will have equal weight as in-class participation. However, if you do NOT contribute to the wiki this will have a negative impact on your overall participation score. Attendance is a necessary, but not sufficient condition for good participation.
ACG5405 Wiki
A wiki, is a collaborative, interactive web page (or set of web pages). As a registered user of a particular wiki you have the ability to create new pages, add content to existing pages, edit existing content on pages, and/or delete content. I have created a wiki for our class that is intended to serve as space devoted to summarizing and extending the material from the course textbooks. Links to the wiki can be found on the main web page for this course, and outlines of the pages will be created for you. Of course, this being a wiki, if you feel a new page/topic is appropriate, go ahead and add one. The wiki can be a great source to use when studying for the exams.
Group Evaluation Algorithm
Group work is a critical component of the Group Case Project. Group work is a critical skill required by employers upon your graduation. It is extremely important that you take advantage of the opportunity to work in a group this semester and learn leadership skills, become effective team players, and basically learn how to work well in a group situation. In addition to learning these skills two other important aspects of group/team work are critical: 1) The ability to evaluate the work of others in your group, and 2) The ability to receive constructive criticism from your group members. I expect that when you are evaluating your group members that you will do this honestly and reward those who took on leadership roles and penalize if necessary those who did NOT contribute to the group.
The evaluation will be due immediately following the due date of the project. This evaluation is numerically based and is to be done via e-mail. You will be evaluating your team members on a 0-100 scale over a series of questions related to their case performance. This evaluation will be used as part of the basis for your overall group case project grade based on the weights described above in the Course Grading section. Your overall evaluation score will be used to adjust the groups grade. For example if your group receives an 85 and you receive 90 points out of 100 as your group evaluation for that particular project, your actual project grade will be (85*.9) or 76.5. If an individual on the presenting team receives a final group evaluation score of less than 67 (out of 100 points), their overall score for that project will be a 0!
Assignments
Below in the class schedule I have listed the various assignments (and the corresponding due-dates). There are two types of assignments for this course, graded and ungraded (see UGH below). The graded homework will consist primarily, but not entirely of the XBRL component of the course.
UGH’s
Periodically during the semester, ungraded homework assignments will be given out. These assignments are sometimes fun in nature, but are most often geared toward a deeper understanding of the topics at hand.
Due Dates
All assignments are due at the beginning of class (5-minute grace period). If the assignment is emailed, then it must be received by the due time…not simply sent. A deadline is like a ticket for a cruise. I do not accept late work on any assignment or exam. If you turn something in late (defined as later than the due date and due time), then it will not be accepted under any circumstance.
Grade Appeals
If you have a concern about your grade, you must make an appeal in writing to the instructor within one week (7 calendar days) of the receipt of your grade. The appeal must clearly state why you feel the grade to be unfair or the nature of the error.
Student as Customer/Student as Employee
As students you have the right to demand a strong program and competent instruction. In this sense, you are my customer. Where possible I will request feedback as to how I can provide you a better product. At times I may be able to make mid-semester adjustments, but other times I may have to wait until future semesters to improve the product. At the same time, though, you are my employee. While you may have outside employment, this class should also be considered to be a job and as your manager I have the right to expect you to be prepared to do your job. I expect that your work is completed, that you are completely prepared in all classes, and that I reserve the right to comment and evaluate work. I have the right to set the schedule and set the workload. When you don’t do your work, I will comment on this and your performance evaluation (grades) will reflect my judgments.
Class Behavior
Inappropriate behavior distracts from the ability of others to profit from their in-class experience. Such behavior includes arriving late, leaving early, and talking. Rude and inappropriate behavior will not be tolerated. Since it is my responsibility to provide and environment that is conducive to learning for everyone in the class, I will deduct points from the grade of any student who chooses to repeatedly distract others.
Cell phones and pagers MUST be set to vibrate or turned off during class. Any student whose phone rings or whose pager beeps will have their semester participation grade dropped one letter grade and may be asked to leave the remainder of the class.
Attendance
I expect 100% attendance for my classes. I expect 100% attendance for any presentations.
Academic Integrity
I strongly believe in academic and professional integrity. I expect students to complete all work consistent with these ideals. I expect that all submitted work reflect the work of the individual or group who completed the assignment, and not the work of others. Therefore, cases of academic misconduct will be treated consistent with the Golden Rule and UCF policy. It is your responsibility to take the time to acquaint yourself with these policies. Please act responsibly so we are not in a position to have to discuss this issue. For further information on this, refer to the policy on academic honesty UCF Golden Rule
Students with Disabilities
Any student in this class who has a documented visual or physical impairment, hearing disability, or any other disability covered by the university’s services for students with disabilities should contact me during the first week of class to discuss and arrange any instructional accommodations that may be necessary. Students who would like to serve as volunteer tutors, readers, or note takers for students needing special assistance are encouraged to contact me during the first week of class.
Accommodations for International Students
International students may use a dictionary in class and during exams, but no additional time will be provided to complete exams, assignments and projects. International students who wish to have additional support in improving English writing skills may feel free to contact the Writing Center (407-823-2197).
Curves
I don’t curve individual assignments and only curve final grades in very rare circumstances.
Administrative
Check your calendar to find the last day to drop the course; NO withdrawals will be granted after this date. There are no make-ups for missed tests and no provisions for "extra work" other than UGHs to improve grades.
Kenneth G. Dixon School of Accounting
University of Central Florida
Fall 2008
August 25th - December 6thWhen: Thursday 6:00 - 8:50
Location: CL1 307
Professor: Dr. Steven Hornik
E-Mail: shornik@bus.ucf.edu
Office: BA1 432
Telephone 407-823-5739
Yahoo ID (for IM): shornik (or use Meebo)
Office Hours: Thursday from 4:30 - 6:00 and by appointment.
Required Text and Materials:
Course Prerequisites: ACG 4401
It is fully expected that you can:
You should be intimately familiar with the material in chapters 5 & 6 of the course textbook.
Fall 2007 Academic Calendar
Holidays
Course Objectives
Accounting information systems generally lie at the foundation of an organization’s entity-wide information systems.
In this course, the intent is to provide you with the basic background and tools that will allow you to facilitate and/or assess the evolution of contemporary accounting information systems. This requires a solid understanding of (1) the process by which effective systems are designed and developed, (2) the key components of an effective entity-wide internal control system, (3) the process by which efficient database design can be used to improve accounting information flow, and (4) the contemporary issues involved in providing assurance services for systems and database reliability.
Specific Objectives:
One of the technologies that will be impacting the accounting profession in the near-term is the move towards XBRL reporting of financial information. This necessitates an understanding of how these documents are prepared and will lead to future assurance engagements. XBRL is based on XML and thus an understanding of XML is a skill needed for accountants. To that end we will be looking at XBRL and XML from an accountants perspective, we will not be learning how to be XML/XBRL programmers but instead how to read create, read, and understand the structures of these documents and how they can be used.
Specific Objectives:
Grade Components:
Grading System
After several years of study, discussion, and implementation design, UCF has modified the existing grading practices. Starting with the Fall 2001 Semester, plus and minus grades can now be given to students. Note: the grades for this class will use the new plus/minus system.
The following is the system that was recommended by the Faculty Senate, and will be used in this course:
Participation
The success of the class will be dependent on your ability to identify and discuss relevant issues. You will receive a grade each session based on your preparedness to discuss the material and your ability to communicate that material in a meaningful way that facilitates the learning of both you and your classmates. Your participation grade will be based on your performance in class with sessions where case activities are prepared and discussed receiving greater weight than more lecture oriented course sessions. Additionally, presentations (if we have them) will also make up a component of your participation grade. Additionally, wikispace contributions will have equal weight as in-class participation. However, if you do NOT contribute to the wiki this will have a negative impact on your overall participation score. Attendance is a necessary, but not sufficient condition for good participation.ACG5405 Wiki
A wiki, is a collaborative, interactive web page (or set of web pages). As a registered user of a particular wiki you have the ability to create new pages, add content to existing pages, edit existing content on pages, and/or delete content. I have created a wiki for our class that is intended to serve as space devoted to summarizing and extending the material from the course textbooks. Links to the wiki can be found on the main web page for this course, and outlines of the pages will be created for you. Of course, this being a wiki, if you feel a new page/topic is appropriate, go ahead and add one. The wiki can be a great source to use when studying for the exams.Group Evaluation Algorithm
Group work is a critical component of the Group Case Project. Group work is a critical skill required by employers upon your graduation. It is extremely important that you take advantage of the opportunity to work in a group this semester and learn leadership skills, become effective team players, and basically learn how to work well in a group situation. In addition to learning these skills two other important aspects of group/team work are critical: 1) The ability to evaluate the work of others in your group, and 2) The ability to receive constructive criticism from your group members. I expect that when you are evaluating your group members that you will do this honestly and reward those who took on leadership roles and penalize if necessary those who did NOT contribute to the group.The evaluation will be due immediately following the due date of the project. This evaluation is numerically based and is to be done via e-mail. You will be evaluating your team members on a 0-100 scale over a series of questions related to their case performance. This evaluation will be used as part of the basis for your overall group case project grade based on the weights described above in the Course Grading section. Your overall evaluation score will be used to adjust the groups grade. For example if your group receives an 85 and you receive 90 points out of 100 as your group evaluation for that particular project, your actual project grade will be (85*.9) or 76.5. If an individual on the presenting team receives a final group evaluation score of less than 67 (out of 100 points), their overall score for that project will be a 0!
Assignments
Below in the class schedule I have listed the various assignments (and the corresponding due-dates). There are two types of assignments for this course, graded and ungraded (see UGH below). The graded homework will consist primarily, but not entirely of the XBRL component of the course.UGH’s
Periodically during the semester, ungraded homework assignments will be given out. These assignments are sometimes fun in nature, but are most often geared toward a deeper understanding of the topics at hand.Due Dates
All assignments are due at the beginning of class (5-minute grace period). If the assignment is emailed, then it must be received by the due time…not simply sent. A deadline is like a ticket for a cruise. I do not accept late work on any assignment or exam. If you turn something in late (defined as later than the due date and due time), then it will not be accepted under any circumstance.Grade Appeals
If you have a concern about your grade, you must make an appeal in writing to the instructor within one week (7 calendar days) of the receipt of your grade. The appeal must clearly state why you feel the grade to be unfair or the nature of the error.Student as Customer/Student as Employee
As students you have the right to demand a strong program and competent instruction. In this sense, you are my customer. Where possible I will request feedback as to how I can provide you a better product. At times I may be able to make mid-semester adjustments, but other times I may have to wait until future semesters to improve the product. At the same time, though, you are my employee. While you may have outside employment, this class should also be considered to be a job and as your manager I have the right to expect you to be prepared to do your job. I expect that your work is completed, that you are completely prepared in all classes, and that I reserve the right to comment and evaluate work. I have the right to set the schedule and set the workload. When you don’t do your work, I will comment on this and your performance evaluation (grades) will reflect my judgments.Class Behavior
Inappropriate behavior distracts from the ability of others to profit from their in-class experience. Such behavior includes arriving late, leaving early, and talking. Rude and inappropriate behavior will not be tolerated. Since it is my responsibility to provide and environment that is conducive to learning for everyone in the class, I will deduct points from the grade of any student who chooses to repeatedly distract others.Cell phones and pagers MUST be set to vibrate or turned off during class. Any student whose phone rings or whose pager beeps will have their semester participation grade dropped one letter grade and may be asked to leave the remainder of the class.
Attendance
I expect 100% attendance for my classes. I expect 100% attendance for any presentations.Academic Integrity
I strongly believe in academic and professional integrity. I expect students to complete all work consistent with these ideals. I expect that all submitted work reflect the work of the individual or group who completed the assignment, and not the work of others. Therefore, cases of academic misconduct will be treated consistent with the Golden Rule and UCF policy. It is your responsibility to take the time to acquaint yourself with these policies. Please act responsibly so we are not in a position to have to discuss this issue. For further information on this, refer to the policy on academic honesty UCF Golden RuleStudents with Disabilities
Any student in this class who has a documented visual or physical impairment, hearing disability, or any other disability covered by the university’s services for students with disabilities should contact me during the first week of class to discuss and arrange any instructional accommodations that may be necessary. Students who would like to serve as volunteer tutors, readers, or note takers for students needing special assistance are encouraged to contact me during the first week of class.Accommodations for International Students
International students may use a dictionary in class and during exams, but no additional time will be provided to complete exams, assignments and projects. International students who wish to have additional support in improving English writing skills may feel free to contact the Writing Center (407-823-2197).Curves
I don’t curve individual assignments and only curve final grades in very rare circumstances.Tentative Class Schedule
Administrative
Check your calendar to find the last day to drop the course; NO withdrawals will be granted after this date. There are no make-ups for missed tests and no provisions for "extra work" other than UGHs to improve grades.